the company is gaged and can't do anything
I'm curious what gives you this impression. If anyone here reads the other boards faithfully, could they please tell me if anyone has called Judy to ask her the current share structure? Are they really being told that PLNI doesn't have the actual numbers (as of a certain date, of course) or that they simply refuse to divulge them? I told you what I "know", which I put in quotes because, hey, I'm just a "bashole" and therefore have no credibility, right?
People seem to be missing the point with the Pro-Mold and Semco acquisitions. Laser Engineering, which Wicklund acquired, was a real company that did $20M a year. In fact, Laser's client list, found in Wicklund's filings, is quite impressive and IMO very credible. Yet, as we know, that company was run right into bankruptcy in short order.
- Jeff
P.S. Here's the PLNI chart showing the steady downward trend since August with a couple of spikes the coincide with the paid tout stuff. bigcharts.marketwatch.com |
